9, CHESTNUT WAY, MARKET DEEPING, PETERBOROUGH, PE6 8LP - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 CHESTNUT WAY is a midsized detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £305,388. It was last sold for £250,000 in October 2018, which was around 17% below the average October 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

9 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 9 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 9 CHESTNUT WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 5 OCT	£250,000	£301,531	17% below HPI
2010 5 MAY	£170,500	£209,336	19% below HPI
2006 31 MAY	£168,000	£216,142	22% below HPI

9 CHESTNUT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 9 CHESTNUT WAY sales between May 2006 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 9 CHESTNUT WAY be worth now?

9 CHESTNUT WAY might now be worth an estimated £305,388.

This is based on house price inflation of 22.2%, between October 2018 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 9 CHESTNUT WAY of £250,000 on 5th October 2018. For the value to have increased from £250,000 to £305,388 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 9 CHESTNUT WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT WAY has not materially changed since October 2018.

How Large is 9 CHESTNUT WAY?

9 CHESTNUT WAY is 111m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Deeping, and where 9 CHESTNUT WAY lies on this distribution: 42% of detached houses houses are smaller than 9 CHESTNUT WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.

9 CHESTNUT WAY: Plot and Title Map

9 CHESTNUT WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 9 CHESTNUT WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 9 CHESTNUT WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 9 CHESTNUT WAY?

9 CHESTNUT WAY is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 9 on CHESTNUT WAY.